Returnista 6th in Deloitte Technology Fast 50

Returnista 6th in Deloitte Technology Fast 50
Robert van den Eeckhout
By
Robert van den Eeckhout
Head of Marketing
Posted on
November 4, 2022
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Returnista belongs to the six fastest growing technology companies in the Netherlands. This was announced last night during the Deloitte Technology Fast 50 awards in Hilversum. Returnista is the only player with an all-in-one return solution to have made it into the Fast 50 of 2022.

3957% revenue growth in 4 years’ time

In the Technology Fast 50, Deloitte makes up a yearly list of the 50 fastest growing technology companies. With this ranking, Deloitte showcases the game-changers of the current market in an early stage. The 50 participating companies are nominated based on their revenue growth percentages over the past 4 years. During that time period, Returnista created a revenue growth of 3957%.

“A spot in the Technology Fast 50 ranking is therefore a wonderful acknowledgement for all our hard work and the fast growth we’ve experienced over the last couple of years”, says Olivier Muller, co-founder and CEO of Returnista.

Returns: the biggest problem for online stores

E-commerce – due to the Corona crisis – has experienced an unprecedented growth. For many online stores, however, this was accompanied by one major problem: an increase in the number of returns. Namely the Dutch fashion industry belongs to the top 3 of branches in Europe with the highest return rate.

Five years ago, the Muller brothers cleverly capitalized on this phenomenon: "Many online stores focus on a smooth sales process. However, the moment an item needs to be returned, the process falters, which is especially frustrating for both the store itself and the consumer. We have found a solution for that."

Maintain revenue with a scalable return solution

With the complete return management platform, Returnista automates and optimizes the entire returns process, resulting in fewer returns, more revenue and an optimal customer experience. 

Quinten Muller: "Thanks to our innovating strength, we created a state-of-the-art return solution that enables online stores to get the most out of their returns process, now and in the future. This is how we work together towards a world where returns are a thing of the past."

Growth in line with company's ambition

The growth of the last few years perfectly fits the company’s ambition. Muller: "We want to be European front-runners in the area of returns. To realize this ambition, we are strengthening our leading position in the Netherlands, and increasingly attracting customers from Germany, Belgium and Denmark, among others."

Lastly, Returnista would like to congratulate all participants on their place in this list of 50 fastest growing companies. Furthermore, we would like to make use of this opportunity to thank all our colleagues and customers for the great cooperation!

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